BERWYN, Pa.--(BUSINESS WIRE)--
Triumph Group, Inc. (TGI) today delivered a notice to holders of its 2.625% Convertible Senior Subordinated Notes Due 2026 to the effect that, for at least 20 trading days during the 30 consecutive trading days preceding March 31, 2014, the closing price of the company’s common stock was greater than or equal to 130% of the conversion price of such notes on such last trading day. Accordingly, from April 1, 2014 until June 30, 2014, such notes are eligible for conversion as provided in the Indenture relating to such notes. Contingent interest will be payable for the period April 1, 2014 through September 30, 2014.
Triumph Group, Inc., headquartered in Berwyn, Pennsylvania, designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. The company serves a broad, worldwide spectrum of the aviation industry, including original equipment manufacturers of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers.
More information about Triumph can be found on the company’s website at http://www.triumphgroup.com.
- Airline Industry
- Investment & Company Information
Vice President, Tax & Investor Relations